The Kerala Maritime Board is preparing a project to boost cargo movement in the State by linking minor ports, its chairman N.S. Pillai has said. He was speaking at an interaction organised by the Malabar Chamber of Commerce here on Tuesday. Mr. Pillai said that preliminary discussions related to the project had been held with … Read more
Benchmark stock market indices traded flat after opening higher on Monday due to cautious sentiments among Dalal Street investors. The S&P BSE Sensex was up 51.82 points at 75,462.21 at 10:19 am, while the NSE Nifty50 fell 5.30 points to trade at 22,951.80. Most of the broader market indices were also trading in negative territory … Read more
Freight rates have started increasing once again after remaining steady in December, rising 10% in the first week of January, raising fresh concerns for exporters of basmati rice, tea, apparel and leather goods among others. The waiting time of consignments at ports has also increased to more than a month from 15 days, trade insiders … Read more